Weekly Watch list August 10th– August 14th, 2020

Stocks to watch this week are mostly in the transportation area, airlines stocks can be bought on positive trading AAL, ALK, CPA.

Tracking stocks and shipping stocks are acting well, YRCW, GLNG, JBHT, GNK.

The frypan bottom pattern is producing some very strong upside potentials, VRNA, PENN, CIR, EB.

Bobble breakouts will produce high probability trades, CORR, SAIC, OPTN. The market should continue in an uptrend as long as they trade above the T line. The transportation index showing good strength is a sign that there is not any selling pressure yet in this market

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